Pakistan listed banks’ profitability increased to record Rs. 163 billion, up 95 percent year-on-year (YoY) in 3Q2023. According to Topline… Read More
FBR All Set to Achieve Rs. 705 Billion Tax Collection Target for October 2023
The Federal Board of Revenue (FBR) is all set to achieve the tax collection target of Rs. 705 billion for… Read More
Certain Tax Policies Are Discouraging Investments in Pakistan: World Bank
Certain tax policies in Pakistan discourage investment in the tradable sector, and certain investment laws discriminate against foreign investors, the… Read More
World Bank Forecasts Positive Growth Return of 1.7% for Pakistan in FY24
The World Bank has projected positive growth return for Pakistan in fiscal year 2023-24, but at a rate of only… Read More
Lucky Cement Profit Up by 179% to Rs. 19.35 Billion in Q1 FY24
Lucky Cement Limited (PSX: LUCK) announced its financial result for the quarter ended September 30, 2023, posting a consolidated profit… Read More
Petrol Price May Drop Further by Rs. 18 Per Liter
Fuel prices in Pakistan are expected to see a massive decrease of up to Rs. 18 per liter, with initial… Read More
Askari Bank Posts Highest-Ever 9-Month Profit of Rs. 14.6 Billion
Askari Bank Limited has posted profit of Rs. 14.6 billion in the nine-month period that ended September 30, 2023. According… Read More
Rupee Falls 5th Day in a Row Against US Dollar to End the Week
The Pakistani rupee fell 5th day in a row against the US Dollar today after opening trade at 277 in… Read More
BankIslami Posts Staggering 197% Profit Growth in 9 Months of 2023
In the year 2023, BankIslami posted an astounding after-tax profit of Rs. 8.47 billion for the nine-month period that ended… Read More
Systems Limited Posts Profit of Rs. 7.1 Billion in 9 Months of 2023
Systems Limited (PSX: SYS) posted a 40 percent year-on-year (YoY) profit growth during the 9-month period ended 30 September 2023.… Read More
Maple Leaf Cement Posts 18% Profit Growth in Q1 FY24
Maple Leaf Cement Factory Limited (PSX: MLCF) announced its financial result today, wherein the company reported consolidated earnings of Rs.… Read More
Standard Chartered Pakistan Posts 121% Profit Growth in 9 Months of 2023
Standard Chartered Bank Pakistan delivered a record profit before tax of Rs. 63.0 billion for the nine months ended 30… Read More
